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Oil prices decline, gas up

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As the world’s oil prices continue to decline, gasoline prices continue to rise. What’s going on?

According to CNN Money, light crude was trading at $102.27 per barrel on Monday, which is down 4.06 percent over the last 30 days. However, gasoline prices are continuing to rise at the pump. They’re hitting $4.55 in Hawaii, compared to the lowest gas prices of $3.51 in Wyoming.

Again, what’s going on?

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Denton (Denny) Newman Jr.
I've worked at the Brainerd Dispatch with various duties since Dec. 7, 1983. Starting off as an Ad Designer and currently Director of Audience Development. The Dispatch has been an interesting and challenging place to work. I'm fortunate to have made many friends, both co-workers and customers.
(218) 855-5889
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